The car manufacturer plans to bring four fully-electric SUVs by 2025, including two all-new models. So far, the brand is only set to introduce the vehicles into North America and Europe.
The International Trade Administration Commission (ITAC) has just announced the imposition of a new 38.33% provisional duty on tyres imported from China. This is on top of the import duties that currently exist, of between 25 and 30%.
The only sedan in the Volkswagen model range, the new Polo Sedan, is now available for sale at Volkswagen dealers in South Africa.
Ferrari NV unveiled its long-awaited 390,000-euro ($390,195) Purosangue crossover that will haul the supercar maker into a new era of broader appeal.
The Department of Trade, Industry and Competition (DTiC) has published anti-dumping protection levies on the importation of tyres into South Africa in terms of section 57A of the Customs and Excise Act, 1964.
Garman carmakers - Audi, BMW, and Mercedes Benz - have models that start at less than half the price of their entry-level electric vehicle offerings.
The reduction in diesel prices for South African motorists was not as significant as the petrol price, with analysts raising 'red flags' about a possible diesel price hike in the coming months.
The Department of Energy announced a decrease in the overall petrol and diesel prices for September, bringing much-needed relief to motorists.
New vehicle sales data from vehicle financing company Wesbank shows that the average value of new cars financed in August was R377,252, down from R378,749 over the same month a year ago.
If semiconductor shortages, recession risks and the once-a-century shift in propulsion weren’t enough to keep auto executives up at night, here’s one more sleep disruptor: Consumers are keen to buy an Apple car before one even exists.
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